HENDERSONVILLE, Tennessee - Reflecting post-holiday seasonality and an unfavorable calendar shift, U.S. hotel performance fell from the previous week and showed weakened comparisons against 2019, according to STR‘s latest data through 7 January.

1-7 January 2023 (percentage change from comparable week in 2019*):

  • Occupancy: 47.2% (-11.5%)
  • Average daily rate (ADR): US$142.82 (+11.2%)
  • Revenue per available room (RevPAR): US$67.40 (-1.5%)

The comparable week in 2019 (6-12 January) was a full business week.

Orlando was the only Top 25 Market to report an occupancy increase over 2019 (+2.0% to 71.3%).

Of note, Las Vegas saw the highest occupancy level (73.5%). This was the first week with Las Vegas performance data included in STR’s reporting thanks to the rollout of new non-participant modeling in the U.S. Learn more here.

Oahu Island posted the highest ADR lift over 2019 (+42.6% to US$332.05).

San Francisco (-81.8% to US$72.25) saw the steepest RevPAR decline from 2019 due to the market hosting the College Football Playoff National Championship during the corresponding week in 2019.

*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019. Year-over-year comparisons will once again become standard after Q1.

Additional Performance Data

STR’s world-leading hotel performance sample comprises 75,000 properties and 10 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

Haley Luther
Communications Manager
+1 (216) 278 0627
STR

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